I have been working at Victory Capital full-time for more than 10 years

Pros

Given VCM's track record as roll up it wasn't a surprise that 80% of the legacy USAA Asset Management Company employees were fired on day one. Working in San Antonio there are opportunities for the competent people that VCM iced. The intellectual capital is walking out the door with and the customer lists in the bankers boxes..

Cons

300 USAA Asset Management Company employees were "transitioned" to Victory as part of the sale by USAA. I'm sticking around while I finalize my package with my new employer, and watch the circus as the boys from Brooklyn roll into town. Haven't seen so many cheap suits since I went to the Walmart annual meeting.
Of the 300 only about 50 USAA employees were retained, some of whom were offered jobs with the outsourced body shop that VCM uses for its back office. Problem is the positions are in a boiler room environment that makes the Wolf of Wall Street look like a white shoe shop. If you took a position you lost all seniority, benefits were decimated and salaries were cut by 20%.

I have been working at Victory Capital full-time for more than 8 years

Pros

Good work/life balance. There are some great people who work here.

Cons

There is little room for promotion or alternative opportunities. This is an "acquire and fire" company under the guise of an asset management company, so expect to move on or be doing the work of someone who has moved on. Unless you are one of the top handful of people expect your compensation to decline by 10% per year on average. You will only have token annual or semi-annual interactions with senor management. They don't really care about you or what you are doing for the company.